Topic: Where to invest? - page 7. (Read 6052 times)
Just hold for 5 - 10 years. 1 btc = 10.000 $/€
There is no easy answer to "where to invest?"
If an investment was a really good deal, more people would buy than sell causing the price to rise. The nature of free markets is that people will always disagree about whether an investment is a good deal at it's current price.
If an investment was a really good deal, more people would buy than sell causing the price to rise. The nature of free markets is that people will always disagree about whether an investment is a good deal at it's current price.
As more and more people adopt bitcoin, the currency will start attracting viable "competitors" — that's what happens in economics. Economic entities are highly unlikely to thrive on their own without viable and strong alternatives. E.g. the US dollar is widely adopted, but so are other currencies. You can find a Starbucks on every corner, but Peet's Coffee is doing pretty well too. iPhone was dominant, but then Android started eating away at its market share.
If bitcoin survives and thrives, and it's very likely to do so, other crypto-currencies will inevitably gain traction. Currently litecoin is the front-runner among alternative currencies, so it may indeed be a good investment.
You may also want to consider buying shares in companies that mine bitcoin since mining on your own is not lucrative anymore.
https://btct.co/security/ASICMINER-PT
https://bitfunder.com/asset/G.ASICMINER-PT
If bitcoin survives and thrives, and it's very likely to do so, other crypto-currencies will inevitably gain traction. Currently litecoin is the front-runner among alternative currencies, so it may indeed be a good investment.
You may also want to consider buying shares in companies that mine bitcoin since mining on your own is not lucrative anymore.
https://btct.co/security/ASICMINER-PT
https://bitfunder.com/asset/G.ASICMINER-PT
Invest in other coins!
Right now LTC is the best investment decision.
Be careful of people that claim to know "the best investment decision".
Right now LTC is the best investment decision.
Invest on rig and mine new coins.
Far from safe, and return potential really isnt that great on most rigs that are affordable, if there is even a return rate.
there are some banks with 5% interests per year
Maybe six or seven years ago. Most banks are lending money for less, and returning one tenth of that.
there are some banks with 5% interests per year
You can play the alt market on Cryptsy. Put in buy orders low, when they fill, put a sell order with a 25% markup and repeat. Pick a variety of coins and make sure you are buying low. Will take a bit for the orders to fill sometimes, but you will make an excellent percentage and have some fun while doing it.
very risky, you need to ride the wave of pump and dump...
The very simple rule is: If something seems to good to be true, it probably is.
There is no such thing as a low risk 20% return investment.
There is no such thing as a low risk 20% return investment.
At first I was invested on LTC because I thought it will hit on gox but now I converted my LTC to BTC again
Meant PXC but I was wrong, go LTC.
Invest on rig and mine new coins.
Don't waste your time with CoinLenders if you have less than 1 BTC. That is their entry level and you will waste transaction fees shifting BTC back and forth. 
Altcoin.
Since no one has mentioned it yet: BTCjam.com is a peer-to-peer lending site (forum post). Peer-to-peer lending is always very high risk, but also can be high in returns. I've made 10% in 7 days more than once on BTCjam, and 10% in 30 days isn't uncommon either. Unfortunately the risk of default is huge in comparison to other investments, so you really have to know what you're doing.
Take econ and investing classes, invest in yourself.
I recently invested 5 BTC of my modest stash into three different shares on bitfunder.
There are a few straightforward shares which pay interest of around 20% per annum. This makes me nervous, what sort of enterprise can possibly borrow money at that rate and be able to afford to pay it back?
There are various crowd lending websites here in the UK that pay between 5 and 10% depending on the risk of the business.
The bitcoin securities market has provided an interesting instance of price discovery. The cost of money in the bitcoin economy is around 20%. The free market cost of money is around 5 to 10% in the British economy. Strange that the deflationary currency bitcoin has higher rates than the fiat GBP. The British government has an official policy of maintaining inflation at around 3% and interest rates at zero. (They can rig the interest rate on the crowd funding websites). The fact that politicians of various political flavors sit there on TV and support this wealth confiscation makes my blood boil. (Well, it did until bitcoin came along). This was a strong factor in my decision to accept a job in the Middle East. Britain used to be a nice place to live until the socialists took over.
Apologies for going slightly off topic.
There are a few straightforward shares which pay interest of around 20% per annum. This makes me nervous, what sort of enterprise can possibly borrow money at that rate and be able to afford to pay it back?
There are various crowd lending websites here in the UK that pay between 5 and 10% depending on the risk of the business.
The bitcoin securities market has provided an interesting instance of price discovery. The cost of money in the bitcoin economy is around 20%. The free market cost of money is around 5 to 10% in the British economy. Strange that the deflationary currency bitcoin has higher rates than the fiat GBP. The British government has an official policy of maintaining inflation at around 3% and interest rates at zero. (They can rig the interest rate on the crowd funding websites). The fact that politicians of various political flavors sit there on TV and support this wealth confiscation makes my blood boil. (Well, it did until bitcoin came along). This was a strong factor in my decision to accept a job in the Middle East. Britain used to be a nice place to live until the socialists took over.
Apologies for going slightly off topic.
I think BTC is the best investment for now.
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